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Search Results 0 to 28 of about 29 (some duplicates have been removed)
work. but this is not one of those times. when the federal reserve talks about getting the economy moving by any means necessary it is really talking about getting more data like today's terrific ism number. given that the europeans and chinese are doing the same thing, if you're betting against the market you're fighting major central banks around the world that are doing their best to generate good data and sometimes their best is good enough. why does this overused cliche matter so much? ben bernanke said he's going to continue to buy bonds to keep interest rates down, so that this purchasing manager's number won't be an aberration. when you examine the fundamental of individual stocks, you are playing what's known as the micro. when you take into account the big data numbers like the purchasing manager's index, you're making a macro analysis. again though like the idea of fighting the fed this micro/macro dichotomy might mean nothing to you unless you took ec 101. let's put it in terms that everybody can understand. anyone who's been to a museum or taken an art class knows that
are great. that's one of the reasons the economy hasn't been strong to this point in the cycle. housing is keeping us from really stuttering on growth. we need more in housing, all that free cash flow in the corporate sector to be put to more productive use, investing in capital and labor. there's a real need for it, carl, because the capital stock in the economy is basically depreciating. we're operating with old depleted capital. >> housing is a much smaller portion. the context of this is we need a much bigger engine for this economy this time around. >> we do. but partly most of the housing is so low because it came from a high level and then a collapse. if you look at the fed flow of funds data, you've had two record quarters of growth because of higher home prices. but we need more jobs. so housing is helping, the consumer is still holding in. we need more jobs. it's got to come from the business side. >> what gives you the confidence that europe has stabilized? of course, we look at this durable goods number, we know that's partially because of european weakness, but some would s
:30. and it could move the market, especially a big build in inventory finding a very slow economy and we're also going to get a ten o'clock new home sales numbers and normally they do not directly affect the market and we'll see coming up at ten o'clock this morning and you will have the numbers. the opening bell has stopped, it's stopped ringing and now they're actually trading and we're expecting a modest, actually, we're expecting a flat market to start with. flat to slightly lower, because of what's happening in europe, mayhem over there, especially in spain and that does not bowed well for america's stock market. we should see. we're dead flat in the half minute's worth of business. perhaps we were hasty when we put the blackberry maker rim, adding they added 2 million subscribers, nicole, i want a stock price. >> am i included in the "we"? i didn't have them on death watch, you may remember. stuart: you're right. >> the death music came on, hold on, what happened yesterday. went up 5% because they added subscribers and 3.3%, and up to 80 million subscribers. stuart: i got it. now, tell me
the economy tanked right after taking out a loan to fix the leaky roof. but then the killing of four oakland police officers, two right outside his door. >> -- now since the police killing right in front of our school, it just went straight down and it was hard to hold on to students. >> reporter: this summer, the couple squared up with reality. >> and we realized we couldn't hang on anymore. have to -- so we announced august 26th to the students we were going to have to let the business go. three. >> reporter: but long-time students are now rallying to help the owens keep the building, recalling the times when they refused to turn her away even when she couldn't pay for classes. >> so all that training that i got, i gave that to my children and my nieces and my sisters and my nephews, and it just spiralled. >> go. >> reporter: the bank gave owens until october 11th to come up with a financial plan. he figures he can survive if he can sign up 60 new students by then. >> years ago, me and my wife offered him to move into a more plush area over on grand avenue. but his heart is here. >> one, t
. the feds attempt to jump start the economy by any means necessary. think about how the people might have sold in october last year. why doesn't this calendar style of investing interest me to make money? simple. every year there is a way to make money. let me give you examples of why this is a lazy force that is nothing but a lovy blanket. first, when these numbers or patterns were created, the u.s. was in control of its own destiny. our fings ago system is connected with theirs. do you think any of the historical data takes on that shift that we have to deal with? no, do you think i would be ringing a gong five years ago? i think this is kind of a recent event you know. gong show. i cannot recall another time when the federal reserve is taking the step to lower the -- if the economy gets better. that means you have to lower stocks. history shows it has to be one. of course it didn't pay to sell those stocks in september. september is the worst month for investing. third, there is apple. we've never had a $600 billion stock before. we've never had a stock that is so much bigger. if i cou
had expected. that suggests the economy may not be so hot, right? >> set the stage. we just downgrade the second quarter. we went from 1.7 to 1.3. we talked about that yesterday. >> this i consistent with that. >> exactly. we thought third quarter might have a two handle on it. we're taking that two handle off. before i came on goldman sachs has a report saying they're looking at 1.9. i see some over 1.8, 1.7. slow mediocre growth continues. i think the key being, can we resolve the issues that have hung over the american economy from spain? >> is madrid more important than chicago? >> at least it is today. we wanted to see what the needs would be for the spanish banks. the numbers that they put out today after this exhaustive examination. >> do you breath numbers? >> the market believes them now. they came about in line with expectations. the number could change depending on what happens with the spanish economy and if real estate prices fall even further. you think more of this like a tradeoff. if the capital requirements had been even bigger it would have meant they were going to c
naturally. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> 22 minutes past the hour. here is a headline we could all enjoy. new signs the housing market is recovering, and in about 30 minutes the u.s. commerce department releases new numbers for august home sales. analysts are expecting sales to increase by 380,000 homes. that's up from july when sales increased by 372,000 homes. so should we all be dancing in the streets? our business guru christine romans is here to tell us. hi, kristine. >> good morning, carol. so nice to put one or two or three months of good housing news back to back and report it to you. at 10:00 we'll get the new home sales, and you just give the forecasts. why new home
us his assessment of the global economy. faber will have a live interview. >>> plus, inside the metropcs deal. was it the right call? and lifelock's first debut. the ceo is all on tap. >> announcer: today, fourth quarter investment strategies. quarter investment strategies. henry mo, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. >>> all right. welcome back to "squawk on the street." the opening bell is set to ring in a minute's time. big day sha
at the democratic convention about how president obama's done as well as anyone could do in turning the economy around the last four years. secondly, he's got to make a positive case with passion, with credibility for his own economic plans, for how he's going to make life better for 100% of americans. third, he's going to have to deal with that 47% video which has really taken a toll on his campaign. he's got to do all those things at the same time. we've seen the history of debates, tyler. it is not easy to fundamentally turn a race around but we have seen from our nbc/"wall street journal" poll that he's within three points nationally. still possible for him to win. got get going down. >> amman, there is some buzz about a plan that romney hs apparently floated for basically a $17,000 cap on tax deductions for americans. explain it. you've crunched the number. what's the headline here? >> tyler, the headline here is that the romney campaign e-mailed me this morning on this. they say they want to make very clear this is not a specific proposal from governor romney, that he's just floating one
revenues are up even in a down economy might signal that fans just don't have that in them. back to you guys. >> thank you very much, chris. >>> too costly to do business, comcast says. that's the reason it's cutting up to a thousand jobs and shutting several call centers in northern california. here are the details. three call centers in morgan hill, livermore, and sacramento will close. the company is offering employee jobs at its other west coast offices including in portland, seattle, and denver. comcast does own nbcuniversal and this station. the economy has more than 5,000 employees in california. >>> again today, san francisco's board of supervisors considered altering its building code to allow the construction of the so-called microapartments. we simulated the 300-square-foot floor plan in this video with tape and a couple of volunteers. it fits about a ping-pong table and a small dining room table. the supes postponed the plan. opponents fear the units would boost population density and strain city services. >>> president obama and mitt romney are both weighing in on critical
the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents collisions and enforces speed restrictions. it also optimizes a number per hour. the long range is to have the track modernized by the year 2019. >>> a young actor is found dead. now police wonder if he's tied to the
now give the president the edge on the economy. the cornerstone on the economy. and they believe romney's policies will favor the rich. >> it's been a consistent line of attack for the president. >> i do not believe that another round of tax cuts for millionaires will bring good jobs back to ohio. >> and it features prominently in obama's television ads that have saturated the air waves. they're joust spending the romney team. they have spent $47.9 million in ohio, and romney and outside groups have spent $42.5 million. the romney campaign says it's not bothered by the poll numbers saying they have confidence in their own internal polling and believe their making in roads in ohio and message with lower spending and debt. >> the status quo has not worked. we cannot afford four more years of barack obama, we're not going to have four more years of barack obama. >> if you had any doubt about the schedule, they even have rallies scheduled at the exact same time in different cities. >> thank you, frank luntz is a former hpollster, good morning. >> morning, and i think ohio will win th
economy depends on having more college graduates and your social security is ultimately gonna depend on whether these kids are successful. so we all have a vested interest in seeing these kids do well. >> the dream act was passed by the general assembly last year. opponents say the law is unfair to citizens and will be a financial burden on the state. they collected more than 100,000 petition signatures to force the issue on this november's ballot well, the big ticket on the ballot remains the presidential race. this weekend the hopefuls slugged it out as the candidates took a breather. both mitt romney and president obama released taped messages as they prepared for their first debate coming up in just three days. brian moore has the latest. >> days before the presidential debate, mitt romney is hammering the president on foreign policy. >> when president obama was asked about the recent disruption and chaos in the middle east, he said these were merely bumps in the road. bumps in the road also describe something the romney campaign has been unable to avoid in recent weeks. distract
to get their real referee's back. it reminds me of president obama and the economy if you cannot get it right thing you should get out. this statement was made by mitt romney. >> everybody was to appoint. the eight year deal is tentative until you in members vote. they will make $205,000 by the handcuff 2000 and. we malcolm r. ewing in members back on the field and many fans agree. a lot of fans are glad to see the season go for it. they have combined 70 years of season experience. this will make referees and appreciate the season like never before. the nfl will protect their pensions and they will hire more referees for training. the union is expected to vote on this on saturday. >> melete cabrera has been suspended by the giants. he would have been eligible for. the club will go with the 25 players s.f. that have and we will like to know whether or not the giants made a good decision. on our facebook page and boat. >> near the coast line the fall just will not disappear. you cannot even see the bridge towers. we have been in the '90s and nearly everywhere. in the north bay we're in
and territory are being threatened by other countries. and our economy is struggling with prolonged deflation and the higher yen. we need to solve these problems and create a stronger and more affluent japan. that is my mission. >> people in tokyo have expressed mixed feelings about abe's re-election. >> translator: i was for abe, but to be honest i'm surprised he actually got elected. i hope he'll do good work. >> translator: when i look back, i can't expect much from him. >> translator: i'm concerned. abe might not be capable of dealing with diplomatic issues. >>> abe comes from a political family. his grandfather was prime minister, too. shinzo abe was the youngest prime minister of the postwar era. he took office at the age of 52. he visited china and south korea during his tenure and tried to improve relations. abe's grandfather nobusuke kishi led japan in the late 1950s. into 1960. his father shintaro abe served as a foreign minister. abe promised to use his experience to revise the constitution and to reform education. so abe has a lot of political know-how and a profile. shery ahn spo
, museums, festivals and the educated work force. it looked at the economy and the number of pro teams. seattle came in number two, followed by washington, d.c., boston and portland. >>> gay rights activists are planning to protest next week's installation of san francisco's new archbishop. he will be installed during a mass at st. mary's cathedral next thursday. the examiner reports that a group of gay rights act visits are planning to protest and they say it will not just -- activists are planning to protest and they say they are upset about the same-sex marriage ban. his spokesman says he respects their position and police will be onhand. >>> sal, you are watching the bridges. but i know you are looking at the toll plaza. >> yeah. it's really been very busy. very slow trying to get across into san francisco if you are trying to get there in your car, you will be waiting quite a bit. a lot of people start here and they travel through the area, 24 and 680 to get to 80. it's very slow here in bay point. 680 is slow as well. we were talking go the -- we were talking about the toll plaza
since february, consumer spending drives 70% of the total economy. where there is nfl action there's gambling a lot of money in the final moments of monday night's game some total a billion dollars when you figured in wageringing in nevada. >> welcome back. good morning coming up on 5:14 looking live from our hd roof cam, you can see the bay bridge in the back ground beautiful morning with buildings lit up. mike says areas of patchy fog. he will have your forecast coming up. >>> congress is considering minting commemorative coins with proceeds to help he raise the federal deficit. -- erase the federal deficit from moon oring the pro football hall of fame, mark twain and send 10 of mother's dame in the past 30s the coins have generated more than 400 million dollars for private companies. congress wants to make coins to help the federal economy. >>> american claims pilots are deliberately causing delays and cancellations leaving passengers in the dust. the troubled airline says pilots are calling in sick or grounding planes for minor repairs. the union says american is operating with
. tonight the president was in washington speaking about the economy. >> the question right now is whose plan is going to keep us moving forward. you guys are a little biased. >> all of this comes as the university of denver is getting ready for the first presidential debate. the two will face off wednesday evening from 6:00 p.m. to 7:30 our time. the election is still more than a month away but coming up in 13 minutes why it's almost too late to reach some voters. >>> cellcell phones using google or android are in danger of being wiped clean. it can happen when opening a website -- the problem requires a software update in order to fix it. >>> apple ceo is apologizing for mapping in the phone. john reports on what frustrated customers can do to bypass the problem. >> i got lost three times. >> this man came to meet his sister. but he says his i-phone with the new apple maps made even the downtown hard to find. >> i kept missing off ramps. >> apple perhaps can be downloaded to older models but countless online comments say people who thought the world was flat were more accurate. >> i lo
's fourth largest economy, but struggling to recover from the deep recession gripping europe. >>> james clap per, says the attack on the u.s. consulate in benghazi was, quote, a deliberate and organized terrorist attack. four people were killed in the september 11th assault including ambassador christopher stevens. clapper's assessment comes after the obama administration was criticized for standing by its original assessment that the attack was a spontaneous response to an anti-muslim film. >>> score one for the record folks. homer bailey of the cincinnati reds pitched a no-hitter last night against the pirates in pittsburgh. the score was 1-0. bailey struck out ten and walked only one, the seventh no-hitter in the major leagues this season and the first for the reds in 24 years. congratulations to homer bailey who you know with that name just had to grow up to become a major leaguer. >>> it's inevitable. all right. 20 minutes after the hour. here is lonnie quinn with our first check of the wealth ever. >> good morning everybody. let's get right to the satellite and weather picture. there a
on the economy from josh. >> we're going to begin there. very important news there affecting millions of americans. new indications this morning that home values, a key factor in the economic recovery, are on the rise. but who is benefitting the most? abc's rob nelson looking at trends. good morning to you, rob. >> good morning, josh. really big news for so many folks out there. we got data from the 20 biggest cities in the country. and it's good news to tell you this morning. home prices have posted the strongest gains since 2005, seven years ago before the recession. in the first seven months of this year, prices in those cities have gone up nearly 6%. on top of that, some of the biggest gains in value are coming at the low end of the housing market. that means the less expensive homes, hit hardest by the downturn. we're not out of the woods just yet. a few miles left to go. prices are still down 30%, compared to before the recession. but every improvement helps boost homeowners' confidence. that makes them a lot more likely to start spending money again. some reasons to be encourag
's economy. 2000 credit reports were looked at an discovered one of five people were going to get a score that was dramatically different. there are 49 different fica scores to determine your risk. the bureau says you should shop around in case of underseas a higher score than they think you have. >> people are still talking about the contention with the replaced and graphs and football. did not budge the nfl and talks with the referees. they have made no progress and the controversial monday night ruling. they said the pass was not to an interception. it was a touchdown and the seahawks get the win. there were four straight days of talks. they talked until midnight. there replaced and graphs will stay there. the replacement raffs referees will stay there. we will talk about what is up with the giants. >> we will take a quick break, we'll be back in a minute. here's a look break, we'll be back in a minute. here's a look outside there isthis is an rc robotic claw. my high school science teacher made me what i am today. our science teacher helped us build it. ♪ now i'm a geologist at chev
on the economy, the corner stone of romney's campaign and those voters also say they believe romney's policies will favor the rich. >> there's been a consistent line of afact from the president. >> i do not believe that another round of tax cuts for millionaires are going to bring good jobs back to ohio. >> reporter: it features promptly in mr. obama's television ads which has saturated the air waves. the president and his team are out spending the romney team on television though both campaigns have spent more here than in any other battleground state. the president and groups supporting him have spent $49.9 million in ohio while romney and outside groups have spent $42.5 million. the romney camp says it's not bothered by poll numbers say they have confidence by their own internal polling and believe they are making inroads in ohio and message of lower spending and debt. >> the status quo has not worked. we can't afford four more years of barack obama. we won't have four more years of barack obama. >> now if you had any doubt about the importance of ohio look at the campaign schedule today. t
debate, and they'll decide who can help their family, who will be able to get our economy going in the way it could be going, and they'll make the decision based on what they believe is in the best interests of the country and their own family. >> reporter: both sides already planning their post-debate rallies. mitt romney and his running mate paul ryan will be in virginia on thursday. president obama is staying in colorado. angie? >> tracie, thank you. >>> this morning we're getting a sense of when marylanders think of some ballot initiatives they'll vote on next month. according to a new "baltimore sun" poll, nearly half of maryland voters say they will vote in favor of same sex marriage. a poll finds a majority of voters oppose question 7, which would expand gambling in the state and put a casino in prince george's county. and voters are split on maryland's version of the d.r.e.a.m. act, giving some immigrants access to instate tuition. 44% in favor, and 41% opposed. that three-point difference is within the margin of error. >>> victims of domestic violence in maryland will g
mean trouble for japan's economy. barnes and noble is rolling out to new versions of its nook tablet. the new template includes new hardware and a sharper high- definition screen. the company says the new version will come into sizes' won a seventh change screen $199 for the other is the new agency comes with a 9 in. screen and starts at $269. barnes and noble is adding a video purchase and rental service but no word yet on when those new notes will be available. >> we will take a break still ahead on the kron for morning news two men arrested trying to still whole bunch of bull laptops from facebook. we have jackie sissel live at the scene there is a twist to the story you have to stick around to find out what happened there that has people at facebook raising eyebrows. also a look at was down a traffic moving all right we will get a check of eth traffic with erica and whether with george in just one minute. we're live here or conceive the lights downtown san francisco as to what it looks like this morning as you make your way and get ready to head off to work. good morning erica >>
not realize that most of our jobs in this economy come from small businesses. we need to champion small businesses. we need to make sure >> despite the small size, new hampshire is a key battle ground state. ryan was just there last week. >>> the latest polls show the president ahead of romney in nine battle ground states. the biggest leads are in new hampshire, iowa and the smaller in north carolina. the average percentage of polls is 49.5% for president obama, 44% for romney. >> there are more accusations of voter fraud in florida. the state says suspicious voter registration forms have turned up in at least 10 counties. the florida republican party blames the firm it hired. the g.o.p. national committee paid more than $3 million to the company, strategic consulting for voter registration and get out the vote operations. republicans say they fired the firm after apparent phoney registration forms started to turn up. >>> nobel peace prize winner anhs san suchi makes a stop on her historic trip to the u.s. she is scheduled to speak at the university of san francisco. suchi has already m
what it takes to get this economy going again. i care about the people of america. >> reporter: it's a delivered effort, analysts say, with a tv ad designed to show empathy and soften his image. >> president obama and i both care about poor, working class families, the difference is, my policies will make things better for them. >> reporter: and despite relentless criticism of obama care, romney touted how his own health care overhaul in massachusetts helped families. >> don't forget, i got everybody in my state insured, 100% of the kids in our state have health insurance, i don't think there's anything that shows more empathy and care about the people of this country than that kind of record. >> reporter: still, president obama is furiously working to frame his opponent as out of touch. again, keying in on romney's comments seemingly dismissing 47% of americans who pay no income tax. >> i don't believe we are going to get very far if we've got leaders who write off half the nation as a bunch of victims who don't take responsibility for their own lives. >> reporter: less than a wee
Search Results 0 to 28 of about 29 (some duplicates have been removed)